British Charity Fund- Berne Verification Report of the accounts for the financial year 2025 In accordance with the mandate entrusted to me, I have verified the accounting and annual accounts st presented by the Treasurer for the financial year ended 31 December, 2025. After verification of bank accounts and other documents, I confirm that: The balance sheet and income and expense statement are consistent with the accounts Accurate accounting is maintained As a conclusion of this verification, I recommend that the accounts be approved as presented. May 12, 2026 Enno van der Graaf Annexes: Annual accounts 2025
British Charity Fund- Berne 31st December, 2025 31st December, 2024 BALANCE SHEET ASSETS Bank current account BEKB Securities account (Money-Net) Securities valuation Securities Portfolio Withholding tax to be recovered 138,909.01 6,325.62 1,255,828.00 -128,654.19 13,399.08 72,808.43 114,873.63 1,110,661.00 9,916.30 13,111.99 TOTAL ASSETS 1,285,807.52 1,321,371.35 LIABILITIES Brought forward profit or loss Capital Value of Fund Profit (-) or loss(+) of the current year 263,123.92 -1,584,495.27 35,563.83 263,123.92 -1,584,495.27 TOTAL LIABILITIES -1,285,807.52 -1,321,371.35 INCOME & EXPENSE STA TEMENT CHF 31st December, 2025 CHF 31st December, 2024 EXPENSE Bank and current account charges Courtage and Taxes Stamp duty Safekeeping fees Payments to individuals Payments to other Organizations Trustees, expenses (Meetings) Trustees, expenses for recipients Miscellaneous expenses 4.00 32.95 39.60 5.84 2,818.20 56,273.55 11,000.00 986.65 77.40 150.40 71,384.59 3,002.11 44,861.68 26,500.00 1,337.84 172.00 1,000.00 76,877.63 TOTAL EXPENSES INCOME Dividends and assimilated income Bank interest -41,313.80 -40,024.16 -104.68 -40,128.84 TOTAL INCOME -41,313.80 Excess(.) Deficit(+) from Income & Expense Statement 35,563.83 31,255.75
British Charity Fund - Berne Financial year 2025 Financial Statements The loss for the year amounts to CHF 35,563.83 (2024: CHF 31,255.75) mainly due to the payments to individuals of CHF 44,861.68 and organisations (CHF 26,500.00) being greater than the dividend income of CHF 41,313.80 (2024: CHF 40,128.84). No investments were sold during the year. Cash on Hand Cash on hand amounts to CHF 145,234.63 comprising a current account of CHF 138,909.01 and investment account of CHF 6,325.62 representing Il% of the total capital (2024: 14%). Investments Investments have been relatively stable during the year with just one additional investment amounting to CHF 6,597 for Nestle. Income from investments The yield on investments for 2025 was 3.4% at CHF 41,313.80 similar to the previous year at 3.6%. Total return on capital amounts to 15.3% (2024: 3.2%) compared to the Swiss Market Index (SMI) return of 14.6% (2024: 7.0%